Can I retire at age 65 with 818,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$67,550$66,948$66,361$65,788$65,228$64,360
2 years$33,440$32,818$32,214$31,629$31,061$30,188
3 years$22,072$21,447$20,845$20,265$19,706$18,855
4 years$16,389$15,766$15,170$14,600$14,055$13,232
5 years$12,980$12,360$11,772$11,214$10,684$9,892
6 years$10,708$10,093$9,514$8,968$8,454$7,694
7 years$9,086$8,476$7,906$7,373$6,875$6,148
8 years$7,870$7,266$6,705$6,185$5,704$5,008
9 years$6,925$6,326$5,775$5,268$4,803$4,140
10 years$6,169$5,576$5,035$4,541$4,093$3,460
11 years$5,551$4,964$4,432$3,952$3,520$2,918
12 years$5,036$4,456$3,934$3,467$3,050$2,479
13 years$4,601$4,027$3,514$3,061$2,660$2,118
14 years$4,229$3,660$3,158$2,717$2,332$1,818
15 years$3,906$3,343$2,851$2,423$2,053$1,567
16 years$3,624$3,068$2,585$2,169$1,814$1,355
17 years$3,375$2,825$2,352$1,949$1,609$1,175
18 years$3,155$2,611$2,147$1,757$1,430$1,022
19 years$2,957$2,419$1,966$1,587$1,275$890
20 years$2,780$2,248$1,804$1,438$1,139$777
21 years$2,620$2,094$1,659$1,305$1,019$679
22 years$2,474$1,955$1,529$1,186$914$594
23 years$2,342$1,828$1,412$1,080$820$521
24 years$2,220$1,713$1,306$985$737$457
25 years$2,109$1,608$1,210$900$663$401
26 years$2,006$1,511$1,122$823$597$352
27 years$1,911$1,422$1,042$753$539$310
28 years$1,823$1,340$968$690$486$272
29 years$1,741$1,264$901$633$439$240
30 years$1,665$1,194$839$581$397$211
31 years$1,594$1,128$783$533$359$186
32 years$1,527$1,068$730$490$324$164
33 years$1,465$1,011$682$451$293$144
34 years$1,406$958$637$415$266$127
35 years$1,351$909$596$382$241$112
36 years$1,299$863$557$352$218$99
37 years$1,250$819$521$324$198$87
38 years$1,204$779$488$299$179$77
39 years$1,160$741$457$275$162$68
40 years$1,118$705$429$254$147$60
41 years$1,079$671$402$234$134$53
42 years$1,041$639$377$216$121$47
43 years$1,006$609$354$200$110$41
44 years$972$580$332$184$100$36
45 years$940$553$312$170$91$32
46 years$909$528$293$157$82$28
47 years$879$504$275$145$75$25
48 years$851$481$259$134$68$22
49 years$824$459$243$124$62$20
50 years$799$439$229$115$56$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $818,000, adding $5,644 every year, while hoping to spend $34,930 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 68/17/15 Blend
64$818,000$818,000$818,000$818,000
65$907,258$863,904$851,225$965,402
66$962,633$869,070$842,576$1,010,034
67$1,022,485$873,318$832,466$1,054,173
68$1,087,235$876,567$820,810$1,101,566
69$1,157,344$878,730$807,518$1,152,531
70$1,233,319$879,714$792,496$1,207,416
71$1,315,719$879,420$775,645$1,266,608
72$1,405,155$877,746$756,863$1,330,531
73$1,502,305$874,578$736,041$1,399,655
74$1,607,909$869,802$713,067$1,474,497
75$1,722,784$863,290$687,824$1,555,630
76$1,847,829$854,913$660,186$1,643,683
77$1,984,032$844,528$630,027$1,739,352
78$2,132,481$831,987$597,211$1,843,407
79$2,294,373$817,134$561,597$1,956,693
80$2,471,026$799,801$523,037$2,080,146
81$2,663,891$779,811$481,379$2,214,798
82$2,874,563$756,977$436,461$2,361,786
83$3,104,802$731,102$388,115$2,522,367
84$3,356,541$701,975$336,166$2,697,927
85$3,631,911$669,376$280,431$2,889,994
86$3,933,259$633,068$220,719$3,100,255
87$4,263,168$592,805$156,829$3,330,571
88$4,624,482$548,323$88,554$3,582,994
89$5,020,333$499,345$15,675$3,859,789
90$5,454,173$445,579$0$4,163,453
91$5,929,800$386,713$0$4,506,682
92$6,451,398$322,421$0$4,885,898
93$7,023,578$252,357$0$5,301,982
94$7,651,415$176,154$0$5,758,674
95$8,340,502$93,428$0$6,260,093
96$9,096,998$3,771$0$6,810,784
97$9,927,687$0$0$7,415,754
98$10,840,046$0$0$8,097,966
99$11,842,306$0$0$8,848,229
100$12,943,540$0$0$9,672,632